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FTX EU launches withdrawal website to pay back European users
31.3.2023
FTX EU was only approved by the Cyprus regulator in March, 2022, about seven months before FTX collapsed in November
This Crisis Will Define the Future of Money
17.3.2023
The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion and Switzerland’s central bank...
Silicon Valley Bank Crisis a 'Cyprus Moment' for Bitcoin: Crypto Observers
13.3.2023
The Fed's aggressive rate hikes and balance sheet reduction have caused a historic bank failure — fashioning a real-time ad for Bitcoin self-custody, observers said
Authorities in Germany, Bulgaria, Serbia, Cyprus Take Down Crypto Scam Network
17.1.2023
Authorities in Germany, Bulgaria, Serbia, and Cyprus have taken down a cryptocurrency scam network in collaboration with Europol. “The suspects used advertisements on social networks to lure victims to websites covertly operated by the criminals, which offered seemingly exceptional investment...
Multi-Million Euro Crypto Fraud Operation in Bulgaria, Cyprus and Serbia Busted
13.1.2023
The bust saw four call centers and 18 other places searched, with 14 people arrested in Serbia and one in Germany
Swissquote to function in Cyprus; receives a license from CySEC
8.12.2022
Swissquote, a Swiss banking group, took to Twitter to announce their new setup of Swissquote Capital Markets in Cyprus. Yesterday, the Cypriot subsidiary of Swissquote Capital acquired the license from CySEC,. With this new opening in the European Union, Swissquote aims to expand systematic...
CySEC requested FTX's European arm suspend operations prior to bankruptcy: Report
11.11.2022
FTX Europe was one of roughly 130 companies in FTX Group which will be a part of bankruptcy proceedings in the United States
FTX Has European License Suspended by Cyprus Regulator: Report
11.11.2022
Cryptocurrency exchange FTX has had its EU license suspended by Cyprus' regulator
Turkey Seizes $40 Million in Crypto, Detains 46 Suspects in Criminal Investigation: Report
22.10.2022
Turkish authorities have reportedly seized $40 million in cryptocurrency and detained 46 people in an illegal betting investigation. “This operation came out of Turkish Cyprus and is linked to the murder of Halil Falyalı,” Turkish Minister of Interior Süleyman Soylu said....
Binance Obtains Registration as Crypto Service Provider in Cyprus
22.10.2022
Cryptocurrency exchange Binance will be able to offer services for digital assets in Cyprus as the platform is now registered with the country’s securities regulator. The news comes after the company obtained similar approvals in several other European jurisdictions. Global Exchange Binance...
Binance acquires crypto asset service authorization in Cyprus
21.10.2022
Binance, a well-known crypto trading platform, on 20 October 2022, announced that Binance Cyprus Limited had been permitted Class 3 registration for being a Crypto Asset Services Provider (CASP). The grant was given by Cyprus Securities and Exchange Commission (CySEC). However, after this...
Binance Wins Registration as Crypto Asset Service Provider in Cyprus
20.10.2022
Cryptocurrency exchange Binance has registered as a Crypto Asset Services Provider (CASP) in Cyprus, according to a blog post
British Fintech Revolut Granted Crypto License in Cyprus
18.8.2022
U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation. Revolut to Expand Crypto Services...
Revolut Receives Nod From Cyprus Regulator to Offer Crypto Services
15.8.2022
European digital bank Revolut has been granted authorization by the Cyprus Securities and Exchange Commission (CYSEC) allowing it to offer crypto services across the European Economic Area (EEA)
Crypto.com scores regulatory approval from Cyprus SEC
22.7.2022
Crypto.com exchange follows in FTX's footsteps by targeting aggressive expansion in Europe after receiving CySEC approval
Highlights From iFX EXPO International, Cyprus – The Fintech World Came Together for Networking and New Business Opportunities
20.6.2022
The much-awaited iFX EXPO International 2022, held at the Palais des Sports, Spyros Kyprianou Athletic Center in Limassol, Cyprus, drew close on June 9, 2022. iFX EXPO International lived up to its reputation of bringing the fintech world together for professional engagement and driving the sector...
Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations
20.5.2022
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, he added. Government...
ECB to Cease Bond Purchases in Q3, Lagarde Says EU’s Economic Rebound ‘Crucially Depends on How the Conflict Evolves’
14.4.2022
After the inflation rate in the eurozone reached a high of 7.5% in March, the European Central Bank (ECB) and the bank’s president Christine Lagarde explained on Thursday the central bank’s bond purchases will cease in Q3. Reiterating what she said at a press conference in Cyprus...
Lifting the Veil of Blockchain Fest 2022 – Cyprus
25.3.2022
Organizers of Blockchain Fest welcome everyone in Limassol, Cyprus, a European financial center where experts from all over the world open and broaden the new horizons for the crypto industry. The two-day event will be hosted in Parklane Hotel to host 1000 visitors whilst three times more users...
Forex Expo 2022: Networking & Expertise Return to Cyprus
10.2.2022
Shortly after great success in autumn 2021, the flagship event of the Forex industry Forex Expo returns to Cyprus to keep the networking going. Once again Parklane Hotel welcomes the whole industry with its leading figures and professionals in March 2022. As usual top expertise, networking...